Other information disclosed according to the rules of the Exchange
Recording of Latvenergo Investor Conference Webinar about financial results of 12 months 2020
Riga, 2021-03-05 07:45 CET --
On 4 March 2021 Latvenergo AS organized its Investor Conference Webinar. During the webinar Guntars Baļčūns, Latvenergo AS Chief Financial Officer, analyzed Latvenergo Group financial results of 12 months 2020, informed about other key events of the Group and provided answers to webinar participants' questions.
The recorded Latvenergo AS webinar is available online: https://bit.ly/3qewSFu, and the presentation, demonstrated during the webinar, is available in the attachment to this announcement.
Information about the financial indicators and coefficients used by the Latvenergo Group can be found in Latvenergo Group's consolidated and Latvenergo AS Unaudited Annual Financial statements, please see the section “Formulas”.
Latvenergo thanks all participants, who joined the webinar, and encourages everybody to follow company's announcements to get information about the next webinar!
Phone: +371 29 453 897
Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.
Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas in Lithuania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process) and Liepājas enerģija SIA (generation and trade of thermal energy in Liepaja, electricity generation). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.